One of the easiest ways to lose money as a trader is to apply a trend following strategy in a sideways market. Unfortunately, most traders learn this the hard way. Some traders will eventually learn how to avoid sideways markets, and do fairly well with trend following strategies, but few traders ev

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Famous commodities trader Richard Dennis was having an ongoing debate with his friend and business partner Bill Eckhardt about whether great traders are born or made – whether it is possible to teach the ability to trade successfully. While Dennis firmly bel

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A method commonly used in developing a trading system. A trading strategy is tested and optimized based on historical data. It is then applied to current data to determine predictive value. Back Testing is thus based on the notion that a strategy that worked in the past will continue to work in the

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The creation of programs to perform tasks which humans perform using their intelligence, thus mimicing our thought processes. See also: Neural Networks

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The MetaTrader Trading Platform was built by a company called MetaQuotes. The MetaTrader platform has a built in programming language called MQL4 (MetaQuotes Language 4) that allows the user to create trading strategies. Progams written in MQL4 several different purposes including Expert Advisors, C

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By Chuck Frank ©2007, Reprinted with permission of Traders World Magazine (www.tradersworld.com) Boris Stein entered the 23rd World Cup Championship of Futures Trading® on November 15, 2006, and captured second place with a 77% net return, becoming the first trader to enter the calendar-year

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The relationship between the probability of loss and profit. This ratio is often used as a basis for trade selection or comparison.

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An army of small speculators have entered the forex arena armed with pooled knowledge and sophisticated technology rivaling that of large institutions. By Dan Blystone As the editor of a website focused on trading and investing I try to keep track of industry related trends and the hot topics of

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Introduction to Testing Trading Ideas A Sample Trading System How long should you Backtest a Trading System? How to Develop a Profitable Trading System What account size do I need? Why You Should Trade more than one Trading System New to Online Day Tradi

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We want to present you here a simple trading system that we developed following the steps of our eBook “How to develop a profitable trading system”. Step 1: Selecting a market and timeframe One of the most popular markets these days is the e-mini S&P, and

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